Manage costs
When the cost management feature is enabled, time cards can be used to manage the cost of labor in the Cost Management application.
When a time card for a project task is approved, an expense line is generated for the corresponding labor cost associated with the project. If the project has a Rate Models associated, then the hourly rate for calculating labor cost for the expense lines is derived from the rate model. If no rate model is associated to the project, the rate listed in the Labor Rate Card is considered. If no Labor Rate Cards is applicable, the property com.snc.time_card.default_rate defines the default hourly rate.
Roles
The timecard_admin role enables users to approve, modify, and delete the time cards of other users.
Parent Topic:Time Card Management
Related topics
--- title: Manage costs description: When the cost management feature is enabled, time cards can be used to manage the cost of labor in the Cost Management application. locale: en-US canonical_url: https://www.servicenow.com/docs/r/australia/platform-administration/table-administration-and-data-management/c\_ManageCosts.html release: australia product: Table Administration and Data Management classification: table-administration-and-data-management topic_type: concept last_updated: "2026-09-10" reading_time_minutes: 1 breadcrumb: [Time Card management, Working with Task table, Table admin, Tables and data, Configure core features, Administer the ServiceNow AI Platform] --- # Manage costs When the cost management feature is enabled, time cards can be used to manage the cost of labor in the Cost Management application. When a time card for a project task is approved, an expense line is generated for the corresponding labor cost associated with the project. If the project has a [Rate Models](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/it-business-management/rate-model.md) associated, then the hourly rate for calculating labor cost for the expense lines is derived from the rate model. If no rate model is associated to the project, the rate listed in the Labor Rate Card is considered. If no Labor Rate Cards is applicable, the property com.snc.time\_card.default\_rate defines the default hourly rate. ## Roles The timecard\_admin role enables users to approve, modify, and delete the time cards of other users. **Parent Topic:**[Time Card Management](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/platform-administration/table-administration-and-data-management/time-card-management.md) **Related topics** [Activate Cost Management](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/it-business-management/t_ActivatingCostManagement.md)
| title | Manage costs |
| description | When the cost management feature is enabled, time cards can be used to manage the cost of labor in the Cost Management application. |
| locale | en-US |
| canonical_url | https://www.servicenow.com/docs/r/australia/platform-administration/table-administration-and-data-management/c\_ManageCosts.html |
| release | australia |
| product | Table Administration and Data Management |
| classification | table-administration-and-data-management |
| topic_type | concept |
| last_updated | 2026-09-10 |
| reading_time_minutes | 1 |
| breadcrumb | Time Card managementWorking with Task tableTable adminTables and dataConfigure core featuresAdminister the ServiceNow AI Platform |